Monthly Archives: May 2025

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Pound Struggles to Hold Ground as Weak Data and BoE Cut Weigh on Sentiment

Written on May 15, 2025 at 5:41 am, by

Key Takeaways: *Recent soft economic indicators coupled with the Boe rate cut dampen the Pound Sterling’s strength.  *Eyes on today’s UK GDP reading.  Market Summary: The Pound Sterling remains at elevated levels but is showing signs of fatigue, pressured by a string of disappointing economic indicators. All major PMI readings for May fell below theContinue Reading

S&P 500 Inches Toward 6,000 Milestone Amid Slowing Momentum

Written on May 15, 2025 at 5:39 am, by

Key Takeaways: *S&P remains bullish but faces strong resistance at below the 6,000 mark.  *Jerome Powell’s speech and U.S. Retail Sales today could pivot S&0 500 direction.  Market Summary: The S&P 500 extended its gains in the last session, though signs of waning momentum and a softer tone in Asian futures are prompting market participantsContinue Reading

Chart the Market (14/05/2025)

Written on May 14, 2025 at 6:04 am, by

BTC, H4:  Bitcoin extended its rally, climbing near the $110,000 mark—just shy of its all-time high—before encountering resistance. While a technical retracement may be on the cards in the near term, the broader bullish structure remains intact as long as BTC holds above the key support zone near $92,000. Adding to the bullish case, BTCContinue Reading

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